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Do You Qualify for Chapter 7 Bankruptcy Discharge in Philadelphia, PA?

In the past, it was easier to qualify for bankruptcy than it is today. However, because many people took advantage of the system, the rules changed. Today, there are certain criteria that need to be met when it comes to Chapter 7 bankruptcy discharge in Philadelphia, PA. The following tips will help you decide if you should consult with an attorney about moving forward with your case.

Amount of Debt

One of the factors the federal judge will look at is the total amount of debt you currently have, as well as the types of debt. This will help you determine if you will be able to file for Chapter 7 bankruptcy discharge in Philadelphia, PA, or if Chapter 13, or another solution is right for you. Talking to an experienced bankruptcy attorney will help you evaluate the amount of debt you have so you can decide the right path to take.


Another factor that will be considered in determining if you can file Chapter 7 bankruptcy is the amount of income you have. Your main bills will be deducted from your income and the additional amount will be factored into whether or not you can file for bankruptcy. After all, if you are capable of paying off the bills, the judge is far less likely to award you the bankruptcy.

The Means Test

All of these factors are calculated using a means test. Any qualified bankruptcy lawyer will be able to go through this test with you to help you determine if you should file for Chapter 7 bankruptcy discharge in Philadelphia, PA. If you pass the means test, they will help you move forward with your bankruptcy. However, if you don’t pass it, they can provide you with other options that can help you eliminate your debt.

If you’re considering Chapter 7 bankruptcy discharge in Philadelphia, PA, visit the Law Offices of David M. Offen website to learn more.

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